India's Future Group plans to challenge its own lenders in the Supreme Court to avoid being named a defaulter for missing payments, citing its ongoing dispute with partner Amazon.com Inc, three sources told Reuters on Thursday.
U.S. stock indexes rose on Thursday on strong earnings reports, while bargain hunting boosted mega-cap growth companies after the Nasdaq index plunged into correction territory in the previous session.
U.S. stock futures rose on Thursday as upbeat results from American Airlines and Travelers kept the positive momentum going for the fourth-quarter earnings season, a day after the tech-heavy Nasdaq index plunged into correction territory.
Since the end of the Great Recession in 2009, growth stocks have been a driving force on Wall Street. Historically low lending rates and the Federal Reserve's ongoing quantitative easing measures have created a pool of abundant cheap capital that fast-paced businesses have used t
U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insurer Travelers, a day after the tech-heavy Nasdaq plunged into correction territory.
Affirm (NASDAQ: AFRM) entered the market with high hopes of out-innovating and overtaking the many other fintech competitors in the "buy now, pay later" market. In 2021, the company experienced large losses and now has an unclear path to profitability. Despite record payment volu
Amazon already had a large-cap valuation a decade ago, but the company still managed to deliver stock gains of roughly 1,710% over the last 10-year period. That performance would have turned a $3,000 investment in the company made in early 2012 into more than $54,000.
Dividends are a great reason to own real estate investment trusts (REITs). For many, they're the main reason. That steady flow of quarterly (and in some cases, monthly) cash can help bolster retirement income or, for investors of any age, add a bit more profit to the portfolio t
The Chinese e-commerce giant and internet conglomerate Alibaba Group (NYSE: BABA) had a troubled 2021, as it made headlines for various reasons and its shares tumbled by more than 40%.
The best investing theses are simple. A simple thesis can come from identifying a company serving one or two basic needs for customers with predictable product demand. Examples of these include Amazon (customer convenience when shopping), McDonald's (ready-to-go food), Starbucks
Before the last few months of 2021, the words "cheap tech stocks" may have sounded odd. But a massive sell-off in the tech sector has made many strong businesses much more affordable. It's easy to be scared out of investing in a business that has had its stock price crushed, but
The U.S. Senate Judiciary Committee is set to decide Thursday whether the full Senate should vote on two bills aimed at reining in tech giants like Alphabet's Google and Meta's Facebook.
Video game retailer GameStop (NYSE: GME) had quite a year in 2021. The company experienced some unique market action and applied an industrial-strength broom to its leadership team.
Amazon.com Inc's recipe for the department store of the future includes algorithmic recommendations and what one corporate director called "a magic closet" in the fitting room.
Norway's Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its telecoms systems, boosting the use of cloud technology to offer 5G and low-latency data services to professional customers.
White House officials met on Wednesday with small and mid-sized companies to discuss competition issues in the tech sector, as momentum grows in the U.S. Congress to rein in large technology companies.
Wall Street's main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher U.S. Treasury yields and the Federal Reserve tightening monetary policy.
Wall Street's main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher U.S. Treasury yields and the Federal Reserve tightening monetary policy.
The Nasdaq's loss on Wednesday left it down nearly 11% from its November record high close, marking the fourth time in the nearly two years since the coronavirus pandemic shook global markets that the tech-heavy index has found itself in a correction.